The multi-camera ensemble comedy was created, written by and stars Mulaney. It's based on his life and experiences as a comedian coming of age in New York City. The show is being produced by Universal Television and executive produced by "SNL" creator Lorne Michaels. It also costars Martin Short as Mulaney's boss. The pilot episode will be directed by Andy Ackerman ("Seinfeld," "The New Adventures of Old Christine").

“John is one of the sharpest and most skilled next-generation comedic voices out there, who also happens to be surrounded by the best of the best on this new show,” said Kevin Reilly, chairman of entertainment for Fox. “I am personally thrilled to be working with Lorne Michaels again, a friend and show business hero who knows better than anyone how to build a show around talent. Add in the comedy magic of Marty Short and the seasoned hand of Andy Ackerman, and I believe we have the makings of something really special here.”

Mulaney originally made a name for himself in New York City's East Village as part of a two-man comedy show with Nick Kroll called "Oh, Hello Show."

In 2008 he was named one of Variety's 10 Comics to Watch. That same year he started work with "SNL," appearing as a correspondent on "Weekend Update" and co-creating some memorable characters, including that of Stefon with Bill Hader. He has also released two stand-up comedy specials, "The Top Part" (2009) and "New In Town" (2012).

To the delight of comedy nerds the world over, "Wet Hot American Summer: First Day of Camp" -- the eight-episode revival of the 2001 cult favorite starring Paul Rudd, Amy Poehler and Elizabeth Banks -- premiered Friday on Netflix.

When "Wet Hot American Summer" was released in theaters in July of 2001, the oddball comedy brought in just $295,000 at the box office — barely enough to buy a house in the suburbs, much less recoup its meager $1.8-million budget.